Real Estate

A dental office building in Palm Desert has been sold for $4.3 million. The property, at 72415 Park View Drive, consists of a 9,257 square-foot building that sits on 1.5 acres, according to CBRE. CBRE represented the buyer, Wilson Meade Commercial Real Estate in Rancho Mirage represented the seller. Both parties …

A Moreno Valley shopping center has been sold for $8.3 million. Lakeshore Village Marketplace at 23575 Sunnymead Parkway was sold by Lakeshore Holdings LLC to a Southern California private investor whose name was not released, Newmark Knight Frank announced today. Newmark represented the seller. Multiple offers were submitted on the …

A company that operates two Indian specialty grocery stores in Artesia will open a new location in Riverside. Pioneer Cash & Carry has paid $1.75 million for space at a neighborhood shopping center at 9185 Magnolia, according to Progressive Real Estate Partners in Rancho Cucamonga. The 10,128 square-foot storefront is …

A Las Vegas investment firm has sold an office building in Riverside. Dornin Investment Group sold the property at 3550 Vine St., for $11.4 million to a private investor whose name was not released, according to a statement. The three-story building covers a little more than 46,000 square feet. It was …

Ontario Ranch, a 20-acre master-planned community in southern Ontario, has been sold to an Orange County firm that plans to develop a major retail project there. Wood Investment Cos. in Costa Mesa paid $18.5 million for the project, reportedly the largest master-planned community in Southern California, according to a statement …

A 44-unit apartment complex in Riverside has been sold for $8.3 million. Ramona Oaks Apartments, 3401 Ramona Drive, is a six-building property that features 20 one-bedroom, one-bathroom units and 24 two-bedroom, one-bathroom units, according to CBRE. The buyer and seller were both private investors whose names were not released. CBRE …